Larkins Vacura Kayser Investigating Claims by American Eagle Mortgage Investors As a Result of American Equities Receivership

August 20, 2019

If you invested in an American Equities fund (including mortgage investment funds beginning with an “American Eagle Mortgage” label) and you are interested in learning more about possible claims and remedies you may have, please contact Larkins Vacura Kayser. American Equities, Inc. and its affiliated American Eagle Mortgage funds were placed in receivership in May 2019 based on management’s revelation that the funds’ collective liabilities exceeded their assets by over $42 million. Under the terms of a receivership process, a court-appointed official (the “receiver”) takes control of the company in order to investigate its assets and liabilities and develop a plan, subject to court approval, to liquidate the assets and repay creditors and investors. Given the finding of a significant insolvency, it appears that investors who invested in American Eagle Mortgage funds may lose significant portions of their investment. Larkins Vacura Kayser is currently investigating possible claims by investors in the below-identified funds and considering methods for investors to recoup their investments against culpable parties.

If you invested in an American Equities Fund and are interested in learning more about our investigation, please contact Larkins Vacura Kayser by email (bdonegan@lvklaw.com) or phone (503-222-4424). Our investigation into American Equities includes (but is not limited to) the following funds: